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Goodwill and Intangible Assets
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
The balance of goodwill, net is as follows:
(in millions)
Year Ended December 31,20252024
Balance as of beginning of year$112.4 $111.5 
Acquisitions
10.7 0.9 
Foreign currency translation adjustment0.4 — 
Balance as of end of year$123.5 $112.4 
No impairment charges have been recorded for goodwill in 2025, 2024 or 2023.
Intangible assets with finite lives related to the following:
(dollars in millions)
Weighted-Average Remaining
Useful Life
(in years)
Gross
Carrying Amount
Accumulated
Amortization
Net
Carrying Amount
As of December 31, 2025
Technology1.5$55.5 $(40.7)$14.8 
User base1.819.4 (14.3)5.1 
Customer relationships2.514.2 (12.6)1.6 
Trade names0.4 (0.4)— 
Total$89.5 $(68.0)$21.5 
(dollars in millions)
Weighted-Average Remaining
Useful Life
(in years)
Gross
Carrying Amount
Accumulated
Amortization
Net
Carrying Amount
As of December 31, 2024
Technology2.5$55.5 $(30.9)$24.6 
User base2.819.4 (11.6)7.8 
Customer relationships0.812.2 (11.3)0.9 
Trade names0.4 (0.4)— 
Total$87.5 $(54.2)$33.3 
Amortization expense related to finite-lived intangible assets was $13.9 million, $13.7 million and $17.3 million in 2025, 2024 and 2023, respectively.
Estimated future amortization expense as of December 31, 2025 is as follows:
(in millions)
Years Ending December 31,Amortization
2026
$13.3 
2027
7.9 
2028
0.3 
Total$21.5 
No impairment charges have been recorded for intangible assets in 2025, 2024 or 2023.